Apisak: Thai finance minister in name only

The former banker holds the title of finance minister in Thailand's junta-led government, but none of the duties. He comes dead last in our Asian Finance Minister of the Year rankings.

Thailand’s finance ministers can have a rather tenuous grip on the reigns of power. 

Kittiratt Na-Ranong, who held the posts of deputy prime minister and finance minister under the government of Yingluck Shinawatra, was a dominant figure. The country’s latest finance minister is anything but.

Apisak Tantivorawong, former president of Krung Thai Bank, was given the job in August. But most observers agree that Somkid Jatusripitak, the deputy prime minister, is the true force when it comes to economic policy in the country. 

Apisak ranks 12th out of 12 in our annual Finance Minister of the Year rating, down from...

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